St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-12-03
THE COMMERCIAL RECORD.
The Fluctuations in Corn Were Lively
on the Chicago Board of
Trade.
Wheat Also Took on a Vigorous Tone
and Went Booming
Upward.
Transactions in the Financial Circles OF
Wall Street.-The General
Quotations.

CHICAGO, Dec. 2.-The hands in the dial
that marks fluctuations in corn on change
bobbed about so fast this morning thai the
onlookers got dizzy. The market opened l2
@5sc higher on strong cables. January being
quoted at 4Ss4c and May at 544c. Free
realizing by the longs broke May to 53ssc-
The price crept back to $3.50 and galloped
from there TO 54l2c in sixty seconds Trade
was small on this sharp advance, but the
needs of the shorts were urgent and the de-
mand for investment account was active. by
1880 Nav corn was back TO sac. Wheat was
barely steady at the opening, but the r1otous
strength and the playful bullish pranks OF
the country in corn infused yigor into 1t,
though of more moderate and dignlfied form
Trading for the first hour was on basis OF
777s0. 7SIsc for January and S45S0Soc for
NAV. Trade was just decently active.
MAY oats assembled TO $3.50 and
broke back to 33Ac all within
thirty minutes of the opening. Provisions
opened about as they closed last night, but
soon after trading began the bears undertook
to break the market. They raided pork down
25c, lard &C. ribs 10013l2c. One operator
offered anv part of 20. COO bbls May pork
at So. 20. The crowd helped itself to what
it wanted. and when the speculator stepped
SIS. 32Is. January lard sold down to $40
and January ribs to S7.37l2. Before noon
wheat had made gain of nearly &c bushel
over yesterdays last prices. corn was 1A@
1I2c higher, oats had established an advance
of lie, and the pull spirit in provisions de-
veloped staying powers that are to the vet
eran Spectator ineXplicable.
The leading futures closed as follows:
~
May oats. 33l2c; January pork, S1472l2;
January lard, S7.45; January ribs, S7.62l2
asked.
THE QUOTATIONS..
The leading futures ranged as follows:
Wheat-No. >. December, opened at 711sc,
closing at 7S4c; January, 7Sc, closing at
isaac: February, 79lse, closing at 79Ac;
May S47sc, closing at S5l2c. Corn-No. >,
December, opened at 4Sl4c, closing at ice;
January, 4S34c closing at 1850; February
opened al 49c; May, opened at 5414c, closing
al 54I2c. Oats-No. 9, December, opened
May. 33l2c, closing at33l2c, Mess Pork-per
Dbl, January. opened at S14.S5 closing at
S1472I2; February, S14.95, closing at S14.
S7I2; May, S15.45, closing at $3.50.
Lard-per 100 lbs, January opened at
closing at S7.55: March, S7.5712, closing at
S765: Nav. S7.S5, closing at $3.50. Short
Ribs-per 100 lbs, January opened at $40,
closing At S7.62l2; February. $3.50, closing
atS7. 72l2; March, $3.50, closing at 81. S2l2.
Cash quotations were as follows: Flour,
stronger Wheat-No. spring, 7S14617SI2c;
No spring, 6C@6812c; No. = red, 79c.
Corn-No. =, 49l2c. 0ats-No. 2, 29s4@3Oc.
Rye-No. 2, 5ec. Barley-No. 2, 75c Flax
s.. 3OG237. Mess pork. per Dbl, S145O@
AZ Lard, per 100 lbs. S7.35@7.40;
short rib sides Qoose) S7.G0@77O; dry
sailed shoulders (boxed), S5.7O@5.So; short
clear sides boxed, SS.05@S. TO- Whisky
Sugar-Cut loaf, 714@7s4c; granulated &c;
standard "A, 65sc. Receipts-Flour. 81 900
bbls: wheat, Is. 900 bu; corn, Ill 600 bu.;
oats 10000 bu; rye, 2.0G0 bu: barley,
6O,00Obu. Shipments-Flour, $4,000 bbls;
wheat. i. 900 bu; corn, $4,000 bu; oats,
81 600 bu; rye, 900 bu; barley, $4,000 blu.
On the produce exchange to-day the butter
market was quiet; fancy creamery, 29G30c;
fancy dairy, 24@25c. Eggs-2112Q23c.